Oligarchs To Invest In “Trump Accounts” For Newborns

CBNC reports:

The CEOs of Uber, Dell, Goldman Sachs and more are expected to announce Monday that they will collectively invest billions of dollars into so-called “Trump accounts” for the children of their employees, a White House spokesperson confirmed to CNBC.

The executive are slated to make the commitments during President Donald Trump’s roundtable event touting the eponymous pilot program, which would deposit $1,000 from the government in investment accounts for newborn Americans.

More than half a dozen corporate leaders are set to appear for the “Invest America” roundtable at the White House at 2 p.m. ET, the White House official told CNBC. The program — previously referred to as “Money Accounts for Growth and Advancement” or “MAGA Accounts” — would seed index fund accounts with $1,000 in government funds for U.S. citizens born between Jan. 1, 2025, and Dec. 31, 2028.

Read the full article. Michael Dell is worth over $100 billion. Rather obviously, these “investments” are yet another example of big business buying favor from their Glorious Leader. Hit the link for full list of participating CEOs.

‘Trump accounts’: CEOs to unveil investments for newborns at White House https://t.co/KGJwNcPuWq

— CNBC (@CNBC) June 9, 2025